The US EB-5 Immigrant Investor Programme has undergone some positive changes so that foreigners wanting to immigrate to the US find it easier. For starters, the EB-5 program allows foreign investors to obtain a green card for themselves and their family members.
This means it includes spouses and children who are below the age of 21. However, this visa includes the investment of $800,000 into a new commercial enterprise in the US. The money thus got is used to make investments and fulfill job creation requirements.
The changes have come into play following the enactment of EB-5, Reform and Integrity Act of 2022 (RIA), and will ensure transparency and security for foreign nationals looking to enter the US through this means.
The program has been reauthorized for five years. However, if the program is discontinued in between, then the applicants will still be able to receive their US Green Card in a timely manner. This will help the applicants to live, work, and study while waiting for the processing to get complete.
As the applicants are investing in job-creating entities, they will not lose their place in line and still receive the benefits. The EB-5 program is now full speed ahead, and EB-5 investors can apply for Green card applications to make use of the many advantages that come with it.